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Begin working on 2018 401(k) plan changes now

If you intend to review your 401(k) plan fees and/or providers this year, now is the time to get started. Most plan sponsors who decide to make retirement plan changes like to have those new features in place by Jan. 1 of the new plan year. That means time is running out — generally to preserve that date, provider changes need to be finalized by Oct. 31.